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India Inc may add steam to save railway heritage assets

Currently, the railways spend about Rs 250-300 cr annually to maintain and manage its heritage assets

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Indian Railways

Shine Jacob  |  New Delhi 



India Inc may add steam to save railway heritage assets
The railway wants to get private players to help it preserve its heritage assets like the SBI Foundation is doing at Chhatrapati Shivaji Terminus in Mumbai

The 160-year-old legacy will get on to a new track, as plans for a special purpose vehicle (SPV) gain traction. The proposed SPV between ministries of railway, culture and tourism would have the mandate to preserve the national transporter’s heritage assets and also raise funds from the private sector to manage these.

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First Published: Sun, November 19 2017. 00:28 IST

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